50 Best Places to Work 2014 – Bain, Twitter & LinkedIn Top List; Glassdoor Report

This week, Glassdoor announced the winners of its 6th annual Employees’ Choice Awards, honoring the 50 Best Places to Work in 2014, and new this year, the 50 Best Medium-Sized Companies to Work For in 2014. Unlike other workplace awards, winners are determined based entirely on feedback from those who know a company best – the employees.

Highlights on the 2014 50 Best Places to Work list (honoring companies with 1,000 or more employees) include:

  • Consulting firm Bain & Company reclaims #1 spot (Bain #1 in 2012)
  • Facebook falls from last year’s #1 company to #5 – the first time the social network has NOT been in the top three in four years
  • Companies debuting on the 2014 list include Twitter (#2), Disney (#42) and Chick-fil-A (#43) to name a few
  • 7 companies have made this list all 6 years (2009-2014) e.g., Bain & Company, Google & Chevron
  • Most Improved: Costco improves its rank the most from last year’s list to this year’s list, improving from #46 in 2013, climbing 30 spots to #16 in 2014
  • Top Industry: Tech (22 tech companies represented on this year’s list)
  • At a minimum, companies with at least 1,000 employees had to have at least 50 approved company reviews shared by employees in past year to be considered

Highlights on the 2014 50 Best Medium-Sized Companies to Work For list (honoring companies with 250-999 employees) include:

  • Top three companies to kick off this inaugural report include: Motley Fool (#1), SmartBear Software (#2) and Travelzoo (#3)
  • Other companies among the top 50 include Zillow (#26), Hubspot (#12), and electroshock weapon maker TASER (#23)
  • At a minimum, companies with 250-999 employees had to have at least 20 approved company reviews in past year to be considered

“Greater workplace transparency is essential to helping connect the right people with the right companies,” said Robert Hohman, Glassdoor CEO & Co-Founder. “Today’s workforce no longer prefers, but expects to have access to the information they want to make the most informed job and career decisions as possible. With the Employees’ Choice Awards, we’re proud to help people find jobs they love by highlighting companies that receive authentic endorsements from those who know the company best – their employees.”

More than half a million company reviews were submitted by employees to Glassdoor during the past 12 months, putting employers in the running for the awards. The Glassdoor company review survey gathers employee opinion on some of the best reasons to work for their employer (pros), some of the downsides (cons), and encourages employees to provide advice to senior management. Employees are asked to rate how satisfied they are with their company overall, how they feel their CEO is leading the company, as well as key workplace attributes like career opportunities, compensation & benefits, culture & values, senior management and work-life balance. In addition, employees are asked whether they would recommend their employer to a friend, and what their opinion is on the company’s business outlook in the next six months.

The lists were compiled using Glassdoor’s proprietary algorithm and the overall ranking determined based on the quantity, quality and consistency of reviews. For reporting simplicity, the ratings for the Employees’ Choice Award winners are displayed to one decimal space although the calculations extend to the thousandth to determine final rank order. Ratings are based on reviews from U.S.-based employees who participated in the survey between November 14, 2012 and November 12, 2013.